Year after year we’ve been seeing a continuous growth in interest regarding office leases in the renovated tenement houses in Warsaw’s city centre. In my opinion this is mainly the result of two factors. Firstly, in the last few years there have been a few very interesting projects that have come onto the market, so now there is a real offer of a very high quality out there. Secondly, tenants, and particularly renowned companies from the service and finance sectors, are more and more often looking to differentiate themselves through their office premises, so they are looking for alternatives to offices in modern skyscrapers, where they can count on the highest office standards but not necessarily on being unique. Apart from excellent locations, a historical value and a high quality of construction, renovated tenement buildings often offer the possibility of tailoring the interior design to suit the client’s individual preferences. Importantly, construction regulations
Flex market picks up momentum
Flex market picks up momentum
The flexible office market in Poland is growing rapidly. In the upcoming years, we can expect the pace of its development to accelerate. Currently, over 420,000 sqm of flex space a ...
Walter Herz
Optimism returns
Optimism returns
Lower interest rates in the eurozone and the easing of monetary policy in Poland are expected to revive investment in the real estate market. A noticeable increase in the value of ...
Walter Herz
Warehouse developers now more cautious
Warehouse developers now more cautious
Pre-leases are now an important criterium Currently, the highest investment activity is seen for projects that have a secured pre-leasing level of at least 50-60 pct of the spa ...
Avison Young